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Nelson Bocanegra

UPDATE 1-Colombian central bank chief expects end-2019 inflation at 3.6%, 2020 at 2.8%

Aug 12 2019

BOGOTA, Aug 12 Inflation in Colombia will end the year at 3.6%, above the central bank's long-term target, but eventual monetary policy decisions will help shrink it to 2.8% by the close of 2020, bank chief Juan Jose Echavarria said on Monday.

Colombia's political division casts shadow on economic recovery

Jul 05 2019

BOGOTA When Colombia's central bank chief, Juan Jose Echavarria, was asked what kept him up at night with inflation low and economic growth rebounding, his answer brought a stinging rebuke from the government and stirred a debate about the solidity of the country's recovery.

Colombia rate will be held through end of year, inflation on the rise: Reuters poll

Jun 19 2019

BOGOTA Colombia's central bank board will hold the benchmark interest rate steady at its Friday meeting, in a bid to add more steam to the economy even as inflation expectations rise, analysts said in a Reuters survey on Wednesday.

Colombia to maintain original fiscal targets for 2019 and 2020 -Finmin

Jun 11 2019

BOGOTA, June 11 Colombia will keep its original fiscal targets for this year and next, even though it was permitted to relax them by the fiscal-rule committee due to the strain on the economy from a flood of Venezuelan migrants into the Andean nation, the finance minister told Reuters.

Colombia central bank likely to hold rate until September - analysts

Apr 22 2019

BOGOTA Colombia's seven-member central bank board will hold the benchmark interest rate steady at its April meeting this week, taking advantage of a lack of pressure on either inflation or economic growth, analysts said in a Reuters survey on Monday.

Colombia's GrupoSURA to reduce debt and increase income in 2019

Mar 29 2019

BOGOTA, March 29 Colombian investment holding company GrupoSURA will reduce its debt by 10 percent this year - equivalent to about 450 billion pesos ($141 million) - its chief executive said on Friday, and has no plans to expand through acquisitions in 2019.

Despite Andean sun, renewable energy in Colombia faces cloudy outlook

Mar 14 2019

YUMBO, Colombia The 36,000 solar panels gleam in the tropical heat of a valley outside the city of Yumbo in western Colombia, feeding dozens of megawatts to a nearby soft drinks factory as well as the national grid.

Venezuelan military deserters willing to return to fight Maduro

Feb 25 2019

CUCUTA, Colombia Sergeant Javier Gonzalez knew he would be killed if caught deserting Venezuela's military to flee to Colombia, but the thought of his nine-month-old son suffering the lack of milk and diapers in his economically devastated country steeled his resolve.

Venezuelan military deserters willing to return to fight Maduro

Feb 25 2019

CUCUTA, Colombia Sergeant Javier Gonzalez knew he would be killed if caught deserting Venezuela's military to flee to Colombia, but the thought of his nine-month-old son suffering the lack of milk and diapers in his economically devastated country steeled his resolve.

Venezuela's Guaido says 'all options open' after Maduro blocks aid

Feb 25 2019

URENA, Venezuela/CUCUTA, Colombia Troops loyal to President Nicolas Maduro violently drove back foreign aid convoys from Venezuela's border on Saturday, killing two protesters and prompting opposition leader Juan Guaido to propose that Washington consider "all options" to oust him. | Video

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